Published On Oct 22, 2024, 4:29 PM
The CDC reported that E. coli infections linked to McDonald's Quarter Pounders have led to the hospitalization of ten individuals, with one death confirmed. Investigations are ongoing to identify the source of the outbreak and to ensure food safety.
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Due to this outbreak and the associated risks to health and safety, consumer sentiment towards McDonald's may decline, impacting its sales and potentially affecting stock performance in the short term.
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McDonald's raised wages for its employees at corporate-owned restaurants over the past three years. It pledged that company-owned restaurants would increase to $15 an hour by 2024.
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The glare of the presidential campaign trail is shining more brightly on McDonald's than almost any other company this year. And it’s clearly not abating.
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